California cap-and-trade spending doubles to $1.4 billion in 2018; xEV rebates, affordable housing, wildfire prevention, public transit
Green Car Congress
MARCH 27, 2019
From rebates for electric and plug-in vehicles to energy efficiency and solar installations that are reducing home energy costs, more than 125,000 individual projects were completed in 2018. To date, $9.3 billion in cap-and-trade proceeds has been appropriated to 20 state agencies that have distributed $3.4 billion from other sources.
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